I've been monitoring the XAUUSD
market recently and noticed a significant downward trend. I'm curious to understand the reasons behind this fall as it seems to be quite persistent.
7 answers
SejongWisdom
Tue Nov 26 2024
The global economy is currently experiencing a downturn.
mia_clark_teacher
Tue Nov 26 2024
This downturn could potentially have a negative impact on demand for precious metals.
SoulWhisper
Mon Nov 25 2024
As a result, the gains of precious metals might be limited during this period.
EnchantedSoul
Mon Nov 25 2024
On the contrary, the Federal Reserve's efforts to lower inflation have not been progressing as expected.